GBP/USD short-term technicals remain bearish and GBP risk is elevated over the next hours ahead of BoE ‘Super Thursday’ that includes the policy decision, statement release, minutes, and Quarterly Inflation Report, according to Eric Theoret, FX Strategist at Commerzbank...

James Knightley, analyst at ING explained that the October reading of the ISM non-manufacturing report looks very strong. The composite activity index has risen to 59.1 from 56.9 (consensus was 56.5...

USD/CHF climbed to 1-week highs during the NY session as the dollar strengthened across the board following better-than-expected US data and comments from Fed Yellen, who reinforced bets of a rate hike in December. USD/CHF broke above European session highs and stretched to 0...

GBP/USD is currently trading at 1.5375 with a high of 1.5446 and a low of 1.5361. GBP/USD has started to fail in its minor attempts of recoveries over the last number of days since the end of October's business since it failed just ahead of 1.5500...

USD/CAD accelerated to the upside and reached the strongest level since last Friday at 1.3175, after breaking above yesterday’s highs. The pair started to move with an upside bias during the European session...

Fed Chair Janet Yellen said the US economy is performing well although she acknowledged some slowdown in employment. Regarding monetary policy, Yellen said FOMC thought it could be appropriate to move in December but that no decision was made...

USD/JPY has remained firm as global equities continue to advance and moves through October highs of 121.47 with bulls eager for a break-out to test the 100 DMA at 121.76 and the golden ratio 61.8% level of the August highs of 125.27...

Crude oil prices are trading in the negative ground on Wednesday, currently hovering over the $47.00 area per barrel. WTI weaker on supply concerns Prices for the West Texas Intermediate are surrendering part of yesterday’s strong gains, testing the key support at $47...

While i am expecting a substantial upward retracement in gold price, before going down, I am expecting a free fall in eurusd prices as mentioned in my previous posts. https://www.mql5.com/en/blogs/post/653109...

Analysts at RBS noted the key highlights in data events from the Asian shift as a recap. Key Quotes: "Chinese Caixin services PMI grew to 52 in October from 50.5 in September. While composite PMI grew to 49.9 in October from 48 in September." "Australian Retail Sales fell 0...